BUZZ-Australian gold stocks snap two-day winning run as bullion drops

Reuters

02/05

** Shares of Australian gold stocks .AXGD snap a two-day winning streak to drop 5.7%, as bullion extended losses from the previous session GOL/

** Evolution Mining EVN.AX sheds 3.3% and Northern Star Resources NST.AX slides 3.4%

** The gold sub-index on track for a second consecutive weekly loss, if trend continues, down 7.2% so far this week

** AXGD more than doubled in value in 2025

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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